Xingye Alloy Materials Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021
August 06, 2021 at 04:34 am EDT
Xingye Alloy Materials Group Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the profit attributable to the equity shareholders of the Group for the Current Period, is expected to increase by more than 250% as compared to that of RMB 42.8 million for the corresponding period in 2020. The improvement in the profitability for the Current Period is mainly attributable to the increase in copper price and sales volume during the Current Period.